Lexcel—assessmentLexcel is the Law Society's practice management standard. It is not compulsory although Lexcel accreditation can be helpful for firms...
What is diversity and inclusion (D&I)—law firmsThis Practice Note provides a high-level introduction to diversity and inclusion (D&I) and key reasons...
Termination and expiry of contractsThis Practice Note provides an overview of contract expiry and of the different causes of termination and ways to...
Supervision of traineesThe requirements when supervising trainees derive from the SRA Codes of Conduct and the SRA’s specific regulatory requirements...
Brexit legislation trackerThis Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the...
Tailoring a shelf companyA person wishing to set up a new company has the following options:•they can incorporate a new company in accordance with the...
Analysing fee income, fee—earning capacity and fees per fee earner—blankThere is little point in collecting data on a firm's financial performance if...
Raw data capture sheet for financial calculations—blankDataSource of dataFigure£Current assetsBalance sheet[insert figure]Current liabilitiesBalance...
Key steps to assess the financial performance of your firm—flowchartThis flowchart illustrates the three key steps to be taken to assess the financial...
Fee income monitoringMonthly fee income generated in [insert year]Fee income generated this month% movement versus previous monthFee income generated...
How to read and understand the financial accounts of a law firmThis Practice Note provides information about how to read and understand the financial...
Benchmarking—what are normal measures of financial performance in a law firm?This Practice Note provides information about different ways of measuring...
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